Rate Rebound Could Dampen Refis Unless Fence-Sitters Act

A roughly 7 basis point increase in 30-year weekly rates and gains in bond yields from recent record lows could dampen refinancing applications a bit unless they motivate a significant group of fence-sitting borrowers to act.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_418/rate-rebound-could-dampen-refis-1026295-1.html

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